The hottest research express Zhongguang lightning

[research express] Zhongguang lightning protection received five institutions such as Guotai Junan for research

the news was released on June 27, 2019. On June 26, 2019, the company received a total of five institutions. The receptionists were Zhou Hui, director, deputy general manager and Secretary of the board of directors. The reception locations were Shanghai Times financial center, Shanghai Guojin center phase II, xingzhan building in Pudong New Area, Shanghai, and zhongganghui building in Pudong New Area, Shanghai

main content

the three major operators, I, and, plan to realize the official commercial use of 5g network by 2020. As a leading enterprise in the lightning protection industry, Zhongguang lightning protection has relied on 3G and 4G commercial use to achieve the continuous growth of operators back to the original position for ten years. How much will 5g commercial use affect the company's performance

answer: the company is the core lightning protection supplier of the world's major communication equipment manufacturers (,, ZTE, Samsung). The company seized the opportunity of 3G and 4G construction to achieve continuous growth in performance for ten consecutive years, reaching 97.5944 million yuan in 2014. Due to the slowdown of investment in the communication industry, the company's performance fell from 2015, but the company is still a real leader in the communication field of lightning protection industry

since its listing in 2015, the company has done a good job in advance for 5g commercial use in the communication market, increased technical research and development and supporting services, and made a good reserve of lightning protection supporting products for 5g communication equipment. At present, 5g communication equipment of major global communication equipment manufacturers is undergoing scale test and pre commercial test, and the lightning protection products pre researched by the company for 5g communication equipment have participated in the pre commercial test

if the operator plans to realize the commercial use of 5g network in 2020, the large-scale construction of 5g communication equipment and network should be started in 2019. The company has the ability to rely on its supporting experience in the communication industry to consolidate its leading position in the lightning protection market in the communication industry, and the company's performance will be greatly improved

II. It has been nearly four years since it was launched in May 2015. Please introduce the strategic development plan of Zhongguang lightning protection for the future

answer: adhering to the corporate purpose of "winning honor for the Chinese nation", the company has been focusing on lightning protection business since its establishment with the strategic positioning of creating high-end brands. Since its listing in May 2015, the management of the company has adhered to the corporate purpose and the sustainable development of the main industry of lightning protection under the guidance of the "restart strategy". In the next three years, the company plans to continue to seek upstream or industry segment enterprises with good potential, advanced technology and complementary products with the company in China, expand the company's product series, improve market share, extend the company's industrial chain, reduce production costs, and finally achieve the purpose of low-cost expansion and expansion of its own strength through acquisition and equity cooperation

in the next three years, the company will consolidate the leading position in the lightning protection market in the existing communication industry. Based on the previous advance for 5g commercial use in the communication market, the company will strengthen technical research and development and supporting services, grasp the market of 5g communication equipment lightning protection supporting products, and strive to develop the market of non lightning protection products of communication equipment; On the basis of increasing support for Tiechuang technology and promoting it to do a good job in the main business of lightning protection, it will expand the market in the field of non lightning protection in the railway market by relying on its channel advantages; The company will still promote the cooperation with enterprises in the lightning protection segment market and electromagnetic protection enterprises in an industrial way, so as to realize the strategic planning of full coverage of all major segments of the lightning industry; The company will integrate upstream enterprises in the form of industrial mergers and acquisitions, promote the improvement of the company's industrial chain, which is conducive to product quality and cost control, and maximize product quality and profits. As a military related enterprise focusing on civilian products, the company has orderly expanded its business in the field of lightning protection in national defense construction, optimized the business structure of listed companies, further developed profit sources, reduced the company's business risks, and enhanced the company's market competitiveness

in the next three years, the company will continue to strive to expand the power, new energy and petroleum lightning protection markets, while further exploring overseas markets, changing the situation that the previous performance depends on the communication industry, realizing the four-wheel drive pattern of "5g communication + high-speed rail + new energy + Aerospace Defense", and strive to become a professional manufacturing enterprise with global leading lightning protection products and domestic leading non lightning protection products

III. Zhongguang lightning protection "start again" strategy proposes to develop the field of non lightning protection communication products. How about the market development of non lightning protection communication products

answer: the company pays close attention to the communication lightning protection market, and expands its business to the non lightning protection fields of major customers in the communication industry with the reputation and status of high-quality suppliers. Among them, the product technical indicators and quality of magnetic components have reached the leading level in the industry, and the market space is very huge

at present, the company has obtained the qualification of small cell (small base station) supplier with Ericsson. The small cell (small base station) independently developed by the company's holding subsidiary fanweitai technology has completed the research and development of single carrier and dual carrier small station products, and has also completed the research and development of Unicom cable remote Das products. It has provided test prototypes to many customers. As of December 31, 2018, the small cell (small base station) has achieved a total revenue of 18.0475 million, Compared with the income of small cell (small base station) in 2017, it has achieved an increase of more than ten times. At the same time, with years of supporting services for lightning protection products of communication equipment, the company has formed a synergistic effect with customers, and has successfully introduced the application of magnetic devices in communication products. The company has obtained the qualification of magnetic component supplier of Ericsson and Nokia, and the technical indicators and quality of products have reached the leading level in the industry

how much impact does the 5g outbreak have on the company's performance? In addition, the company has obtained the supplier qualification of Ericsson magnetic components. Will the magnetic components significantly improve the company's performance in the future

answer: the company is the core lightning protection supplier of major global communication equipment manufacturers (Ericsson, Nokia, ZTE, Samsung). The company seized the opportunity of 4G construction, and its net profit in 2014 reached 97.5944 million yuan. Due to the slowdown of investment in the communication industry, the company's performance fell from 2015, but the company has made good advance for 5g commercial use in the communication market, increased technical research and development and supporting services, and made a good reserve of 5g communication equipment lightning protection supporting products. With the construction and promotion of 5g, the company has the ability to consolidate its leading position in the lightning protection market in the communication industry by virtue of its supporting experience in the communication industry, and its performance will be greatly improved

the company has obtained the supplier qualification of Ericsson magnetic components, and the product technical indicators and quality have reached the leading level in the industry. The market space of magnetic components is very huge. In addition to the main business of lightning protection, the company has expanded its business to the non lightning protection fields of major customers in the communication industry with the reputation and status of high-quality suppliers, among which the development of the magnetic component market is to implement the strategic deployment of "starting again" of the board of directors

the company will continue to strive to expand the lightning protection market in the power, new energy and petrochemical industries, while further exploring overseas markets, realizing the four-wheel drive pattern of "5g communication + high-speed rail + new energy + Aerospace Defense", and strive to become a professional manufacturing enterprise with global leading lightning protection products and domestic leading non lightning protection products

v. competitors and core advantages of the company

answer: the lightning protection industry is not leading in Japan and the United States, but in Europe, mainly in Germany. Our benchmarking enterprises are phoenix contact, DHS and OBO in Germany. At present, our technical level has basically reached the technical level of world-class enterprises. Compared with several German companies, the price of our products is about 2/3 of that of the other party. Because of our high price ratio, Ericsson and aer were mainly supplied by large international companies before, and now we also have a large share

the company's core technology and R & D capabilities, product quality control capabilities, and the market and sales system covering the whole industry are the core competitiveness of the company based on the leading position in the industry. At the same time, the core management team of the company is stable, improves efficiency, optimizes processes, improves management level, adheres to integrity and quality first, and provides customers with high-quality products and services. At the same time, the company has obvious advantages in lightning protection basic theory research, technological innovation, R & D and testing capabilities, industry status, concentration of high-quality customers in various industries, integrity of the industrial chain, and expansion of diversified development in new fields based on synergy with customers. In general, the company has complete product series and complete industrial chain. Its advantages in R & D, testing, sales, lightning protection engineering design and construction have improved the company's core competitiveness

VI. please introduce the company's development of 5g market in the communication industry in detail

answer: as the market leader in the field of lightning protection in China, the company has been committed to the research, development and production of lightning protection products in communication equipment

at present, the company has obtained the qualification of small cell (small base station) supplier of ZTE and Ericsson. The small cell (small base station) independently developed by the company's holding subsidiary fanweitai technology has completed the research and development of single carrier and dual carrier small station products. At the same time, it has also completed the research and development of connecting cable remote Das products, and has provided test prototypes to many customers. As of December 31, 2018, small cell (small base station) had achieved a total revenue of 18.0475 million, an increase of more than 10 times compared with the income of small cell (small base station) in 2017. At the same time, with years of supporting services for lightning protection products of communication equipment, the company has formed a synergistic effect with customers, and has successfully introduced the application of magnetic devices in communication products. The company has obtained the qualification of magnetic component supplier of Ericsson and Nokia, and the technical indicators and quality of products have reached the leading level in the industry

reception detailed object serial number reception object reception object type institution related personnel 1 Guotai Junan Securities Research Institute communication industry, Zhao Liangbi, the former China Mobile bid evaluation expert, Jin Zicai, the deputy director of the Fund Investment Department of the fund management company, Jin Zicai, the industry research of the fund management company, Wang Jiachen, the Equity Research Department of the fund management company, has passed the qualification review of odor engineers at least every year, and other basic qualities, fund manager Zhang Hanyi, 5, researcher of the research department of Zhongrong fund management company, Yang Xintong

in recent years, The company's access to institutional research is shown in the following table:

research date date number of reception institutions reception method reception personnel reception location research three months later rise or fall (%) roadshow director, deputy general manager, director Shanghai Times financial center, Shanghai Guojin center phase II, Shanghai Pudong New Area DBS building, Shanghai Pudong New Area zhongganghui building - director, deputy general manager, director of roadshow activities Chengdu Maoye JW Marriott Hotel - Research Director, deputy general manager, director of specific objects No. 19, Tianyu Road, Western Park, high tech Zone, Chengdu - director, deputy general manager and director of roadshow Kempinski Hotel Chengdu - director, deputy general manager, director of roadshow Zhuhai mayor longhengqin Bay Hotel -

recently,,, and other companies have issued institutional research announcements, as shown in the following table:

code name, number of reception institutions, reception method, reception location, research date 002202 Goldwind technology 3 specific object research investor relations manager Guo Zi On site research GuoXuan High Tech 2 specific object research company securities affairs representative Xu Hefei GuoXuan high tech power energy Yamadon 1 specific object Research Board Secretary Liu Qin, certificate Company conference room one heart Hall 4 on-site visit vice president Huang Yongqiang, Guangxi Guangxi Hongxiang Yixintang Pharmaceutical Co., Ltd Research on 40 specific objects of lischen. Dou, director and President of lischen Beijing